Last week was very interesting, initially xauusd change its character in H4 upon retesting to its golden zone, it drop immediately and start making its B to C wave and hit 161 percent,
Now the Coming week is not impulsive we may see some retracing here and consolidation,
as gold has broken its main support level, we are expecting gold to retrace to its 50 percent which is 100 percent of the h4 impulsive wave. there are a few other things that are considered too in this analysis, feel free to ask,
as i mentioned in my last few analyses i don't believe in fundamentals, fundamentals are manipulation,
Now the Coming week is not impulsive we may see some retracing here and consolidation,
as gold has broken its main support level, we are expecting gold to retrace to its 50 percent which is 100 percent of the h4 impulsive wave. there are a few other things that are considered too in this analysis, feel free to ask,
as i mentioned in my last few analyses i don't believe in fundamentals, fundamentals are manipulation,